Alexander J Rich 4
4 · CALGON CARBON Corp · Filed Mar 13, 2018
Insider Transaction Report
Form 4
Alexander J Rich
Director
Transactions
- Disposition to Issuer
Common Stock
2018-03-09$21.50/sh−24,183$519,935→ 0 total
Footnotes (2)
- [F1]On September 21, 2017, Calgon Carbon Corporation (the "Company"), Kuraray Co., Ltd., a company organized under the laws of Japan ("Kuraray"), Kuraray Holdings U.S.A., Inc., a Delaware corporation ("Parent") and KJ Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"), entered into an Agreement and Plan of Merger (the "merger agreement"), pursuant to which, on March 9. 2018, Merger Sub merged with and into the Company, with the Company surviving the merger as a wholly owned subsidiary of Parent, and an indirect wholly owned subsidiary of Kuraray (the "merger"). On March 9, 2018, each issued and outstanding share of Company common stock was automatically converted into the right to receive cash in an amount equal to $21.50, without interest (the "merger consideration").
- [F2]Pursuant to the merger agreement, on March 9, 2018, each unvested and outstanding share of Company common stock subject to vesting, repurchase or other lapse restrictions (each, a share of "restricted stock), vested and was converted into the right to receive the merger consideration and a cash payment equal to any outstanding cash dividends that accumulated but had not been paid with respect to such restricted stock award.